According to the public record, 32, Lambourne, Colchester is a modern freehold house and with 861 ft2 of internal area and sits on a 216 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lambourne, Alresford, Colchester, CO7 is located in the borough of Tendring within the CO7 postal district.
32, Lambourne, Colchester has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 32 Lambourne Colchester as £308,616 and the rental value as £1,504 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 32 Lambourne Colchester has decreased by £4,678 (1.5%) and its rental value has increased by £124 per month (8.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 32, Lambourne, Colchester is in very good condition we estimate a sale value of £324,046 and rental value of £1,579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,012 and a rental value of £1,398 per month.
If you were able to purchase this property for the estimated value of £308,616, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,517 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 32, Lambourne, Colchester sits on a plot of 216m2.
We have plot size data on 22 out of 22 other houses in the postcode and 32, Lambourne, Colchester sits on the 12th largest plot.
According to HM Land Registry, 32, Lambourne, Colchester was last sold on 25 Sep 2020 for £262,785 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Lambourne, Colchester within a radius of 74m over the last 2 years.
The most recent example is 4, Woodford Walk, Colchester, CO7 8FN, a Freehold house which sold for £340,000 in Oct 2022.
Read more about house prices in CO7.
Lambourne, Alresford, Colchester, CO7 has a total of 22 addresses. According to our analysis of all the public data, 32, Lambourne, Colchester is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in CO7.
32, Lambourne, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 32, Lambourne, Colchester is Alresford (Essex) station which is 200 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, Lambourne, Colchester, 58.3% of property is privately owned outright and 36.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 32, Lambourne, Colchester, 11.7% of residents are recorded as possessing school level qualifications and 31.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 32, Lambourne, Colchester, the average age was 45.8 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 32, Lambourne, Colchester, 0.6% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 32, Lambourne, Colchester, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.